If you are a business owner and want to enjoy the benefits offered by the government, you should register under Udyam Registration and get your MSME certificate. This guide explains everything in simple steps so that anyone—whether you are a beginner or experienced—can understand how to apply and get the certificate without confusion.
What is Udyam Registration?
Udyam Registration is the official process to register a business under the MSME category. It was launched by the Ministry of Micro, Small and Medium Enterprises on 1st July 2020. Once you complete the registration, you will receive a Udyam Certificate, which proves that your business is recognized as a micro, small, or medium enterprise.
Who Can Apply for the Udyam Certificate?
Any business that comes under the definition of MSMEs can apply. This includes:
- Manufacturers
- Service providers
- Traders (Retail and Wholesale)
- Startups
- Freelancers
- Sole proprietors
- Partnership firms
- Companies
- Co-operative societies
- Trusts and others
Benefits of Having a Udyam Certificate
Once you get your Udyam certificate, your business becomes eligible for several government benefits:
- Easier Access to Loans: Banks give loans at lower interest rates to MSMEs.
- Government Tenders: You get priority in government e-marketplaces like GeM.
- Subsidies: You can receive subsidies for technology, tools, and certifications.
- Faster Approvals: Easier approvals and clearances for starting or expanding a business.
- Protection Against Late Payments: You are protected by the MSMED Act in case large companies delay your payments.
- ISO Certification Subsidy
- Credit Guarantee Scheme
- Market Support and Export Promotion
What Are the Categories of MSMEs?
As per the latest rules, MSMEs are classified based on investment in plant and machinery and annual turnover:
- Micro Enterprises: Investment up to Rs. 2.5 crore and turnover up to Rs 10 crore.
- Small Enterprises: Investment up to Rs. 25 crore and turnover up to Rs. 100 crore.
- Medium Enterprises: Investment up to Rs 125 crore and turnover up to Rs 500 crore.
Documents Required for Udyam Registration
The process is simple, and you do not need to upload any documents. But make sure you have the following details ready:
- Aadhaar Number of the business owner (mandatory)
- PAN card of the business (individual or firm/company)
- Business Address
- Bank Account Details
- Business Type (sole proprietorship, partnership, etc.)
- NIC Code – This code describes the type of business activity.
- Number of Employees
- Investment and Turnover details
Step-by-Step Process to Get Udyam Certificate
Let’s go through the complete process in easy-to-follow steps:
- Visit the Udyam Portal: Open your browser's official Udyam Registration portal.
- Fill in Business Details: Enter essential details like your business name, type, address, and bank account information. Ensure accuracy in the data.
- Review and Submit the Form: Review the information to confirm it's correct. After reviewing, apply.
- Pay the Registration Fee: Select your payment method and complete the registration payment.
- Receive OTP on Mobile: An OTP will be sent to the mobile number linked with your Aadhaar card.
- Enter OTP: Input the OTP sent to your phone to verify your identity.
- Complete Registration: Once your details are confirmed, your registration will be completed.
- Receive Your Udyam Certificate: Once verified, your Udyam Registration certificate will be generated and sent directly to your email.
Important Tips for a Smooth Registration
- Use your mobile number linked with Aadhaar.
- Make sure your PAN and Aadhaar details match exactly.
- Keep business and bank information ready before starting.
- Use the official Udyam portal only.
Why You Should Get Your Udyam Certificate
If you own a business, big or small, registering under Udyam is a smart decision. You get access to:
- Loans with lower interest rates
- Subsidies and support schemes
- Easy participation in tenders
- Legal protection for your payments
- Recognition from government and private institutions
Note: Now easily update udyam certificate through the udyam portal
Conclusion
Getting your MSME Udyam Certificate is easy and fast if you follow the right steps. You don’t need to hire any agent or pay extra money. Just visit the official portal, fill in the correct details, and submit your application. In a short time, you will receive your certificate via email.
This certificate is more than just a piece of paper—it gives you access to benefits that can help your business grow. Register today and take your business one step closer to success.